Recently 5min has discovered its business model by providing video distribution. Video sites get paid to show related videos from the 5min network which are monetized in different ways (pre-rolls and more). The new focus has been proving itself as the company reported 10 million views a month, across 800 partner sites with their library of 200,000 videos.
5min is based in Israel and led by founder and CEO Ran Harnevo. The company raised $13 million to date.
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